The bum has fallen out of the SP ! Who is cashing out ?
The reasons why are numerous and varied and could just be an individual looking at something that is just too good to pass up or a bill that can not be ignored any longer !
Could also be a director or Brian who needs some cash for the June visit to California...
Or could be someone who knows something we don't.
Why no one picked up the CR I think comes down to salesmanship. Firstly the shareholders didnt buy enough. Secondly it was the first deal ever so its hard. Also the funds managment business in Australia is so skewed too resources and energy. Biotechs and renewables and hi tech stuff like WRG are outside the mainstream. If we were digging for gold we could of raised 2 million bucks easy !
So the story has to be "sold" !
But the men with the money weren't impressed. Why not ?
Why is a stream of income from 50% share of a company with a $95million USD contract over 25 years not good enough !?!
or is there a complication that is not so clean and simple...
Reputation has a big say in this business. Is the rep of some of the players involved actually unreliable ?
I am at a loss, as I should be, and feeling unlucky.
I picked up 50,000 at .007c for $350.00 What a bargain !
Or a waste of money. I am afraid I have actually turned out to be a fool. A dreamer with rocks in his head.
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